When it comes to matters of paying taxes, it's always best to double check to be sure. It would be worth seeing a professional tax preparer about your exact details, since you are allowed to take a deduction for the state and local sales ta...
http://answers.ask.com/Business/Finance/can_i_deduct_au...
Get the answers to common questions about taxes, tax deductions, tax credits and tax mistakes to avoid. Check out Fast Answers' information on this year's tax law changes and changes scheduled for the future. ... Can I deduct the cost of my auto insurance premiums from my income taxes?;
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Can I deduct the cost of my auto insurance premiums from my income taxes?; ... You cannot deduct your automobile insurance premiums if your car is only for personal use.
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The good news is that the tax deduction mentioned above (and explained below) can be used with the other two Government Incentives & Stimulus for buying a new Automobile. ... What about cars valued over the limit? Can you deduct taxes on UP TO the 49K? By the way, California just votes to raise tax and DMV charges starting...
niftyprediction.blogspot.com/2009/02/new-car-purchase-s... niftyprediction.blogspot.com/2009/02/new-car-purchase-stimulus-explained.html
When may you deduct car expenses? ... If you use your car in your job or business and you use it only for that purpose, you may deduct its entire cost of operation (subject to limits discussed later). However, if you use the car for both business and personal purposes, you may deduct only the cost of its business use.
www.mckenzielaw.com/businesscar.htm www.mckenzielaw.com/businesscar.htm
The automobile has been called the classic externality problem because so much of the cost of using a car is borne by non-users. In Milwaukee, the externality, or subsidy, is roughly equivalent to the costs not covered by user fees, in this case fuel taxes and license fees.
www.udel.edu/htr/American/Texts/transport.html www.udel.edu/htr/American/Texts/transport.html
You deduct itemized deductions by listing on Form 1040, Schedule A all tax deductible amounts you paid during the tax year for certain items ... Tax Directory Topics: Casualty and Theft Losses; Charitable Contributions; Interest; Medical and Dental Expenses; Taxes; Miscellaneous Itemized Deductions; Itemized Deductions...
www.wwwebtax.com/deductions_z_other/itemized_deductions... www.wwwebtax.com/deductions_z_other/itemized_deductions.htm
ANNUAL AUTOMOBILE TAXES AND FEES MIDWESTERN STATES 1989 *State Notes and General Information: Indiana Other Fees Vehicle excise tax $12 - $1,063. County surtax 10% of state excise tax collected. Minimum $7.50 surtax.
ntl.bts.gov/DOCS/kinney.html
Taxes. Sure you hate 'em, but you're stuck with 'em. Either that, or you're stuck in a federal jail cell. We'll make your tax tasks less, well, taxing, and help cure your personal finance ills with regular doses of money news, notices, tips, commentary, insight and humor, courtesy of Texas journalist Kay Bell . ... Aug. 16-22:
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Oct. 9: Did you get an extension to file your taxes back in April? If you're self-employed, you still have time to cut your tax bill by contributing to your SEP-IRA or ... "If you are truly serious about preparing your child for the future, don't teach him to subtract. Teach him to deduct." -- Fran Lebowitz, writer...
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